India CTC to In-Hand Salary Calculator
Convert your CTC to monthly in-hand salary with detailed PF, gratuity, variable pay, professional tax, HRA, and income tax breakdown.
Tax year 2026 - Updated June 2026
Salary Inputs
Start quick, then open detailed assumptions if your offer letter has PF, gratuity, or variable-pay details.
INR
INR
Used for HRA exemption in old regime.
Monthly In-Hand
₹94,036
Annual In-Hand
₹11,28,426
| Deduction | Annual | Monthly |
|---|---|---|
| Employee PF | ₹21,600 | ₹1,800 |
| Professional Tax | ₹2,400 | ₹200 |
| Income Tax | ₹0 | ₹0 |
CTC Breakdown
| Basic salary (annual) | ₹5,40,000 |
| HRA (annual) | ₹2,16,000 |
| Special allowance (balancing, annual) | ₹3,96,426 |
| Variable pay in CTC | ₹0 |
| Variable pay counted as paid | ₹0 |
| Employer PF contribution (annual) | ₹21,600 |
| Gratuity (annual, not in monthly pay) | ₹25,974 |
| Total CTC | ₹12,00,000 |
Taxable Income
| Gross salary (annual) | ₹11,52,426 |
| Less: standard deduction (new regime) | -₹75,000 |
| Less: HRA exemption | -₹0 |
| Less: old-regime deductions | -₹0 |
| Taxable income | ₹10,77,426 |
| Slab tax before rebate | ₹47,743 |
| Less: Section 87A rebate | -₹47,743 |
| Tax after rebate | ₹0 |
| Add: 4% cess | ₹0 |
| Final income tax | ₹0 |
In-Hand Summary
| Gross salary (annual) | ₹11,52,426 |
| Less: employee PF | -₹21,600 |
| Less: professional tax | -₹2,400 |
| Less: other payroll deductions | -₹0 |
| Less: income tax (incl. 4% cess) | -₹0 |
| Net annual in-hand | ₹11,28,426 |
| Net monthly in-hand | ₹94,036 |
New vs Old Tax Regime
new Regime
Recommended₹94,036/mo
₹11,28,426/year in-hand
Tax: ₹0
old Regime
₹85,069/mo
₹10,20,822/year in-hand
Tax: ₹1,07,604
You save ₹1,07,604 in income tax with the new regime.
Payslip Details
These details are used only in the downloaded payslip PDF.
Formula used
- CTC = Basic + HRA + Special Allowance + Variable Pay + Employer PF + Gratuity.
- Gross salary = CTC - Employer PF - Gratuity - unpaid variable pay.
- Taxable income = Gross salary - standard deduction - HRA exemption in old regime - eligible old-regime deductions.
- Income tax = slab tax - Section 87A rebate + 4% cess on tax after rebate.
- Monthly in-hand = (Gross salary - Employee PF - Professional Tax - Income Tax - other payroll deductions) / 12.
Related calculators and guides
HRA Exemption Calculator
Estimate old-regime HRA exemption from salary and rent.
India Salary Slip Generator
Create a payslip after estimating monthly earnings and deductions.
Gratuity Calculator
Calculate gratuity from basic salary and service years.
EPF / PF Contribution Calculator
Compare capped PF, full-basic PF, EPF, and EPS split.
GuideNew vs Old Tax Regime
Read how deductions can change the better regime.
Visual guide
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Salary breakdown
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Assumptions
- Default detailed structure uses 45% basic salary and HRA at 40% of basic salary.
- PF defaults to the capped estimate unless you choose full 12% of basic or enter a custom amount.
- Gratuity is included by default and auto-estimated at 4.81% of basic unless changed.
- Variable pay is part of CTC, but only the selected payout percentage is counted in in-hand salary.
- Professional tax is estimated from the selected state.
- Old regime HRA and deduction benefits apply only when shown in the calculator inputs.
Disclaimer
The information and calculations provided on this website are for general informational and educational purposes only. Results are estimates based on publicly available tax rules and assumptions and may not reflect your actual tax liability or take-home pay. This content does not constitute tax, legal, accounting, or financial advice. Tax laws and regulations change frequently and vary based on individual circumstances. Consult a qualified tax professional, accountant, or financial advisor before making any financial decisions.
This website is not affiliated with the IRS, HMRC, Income Tax Department of India, or any government agency.